Banter and general comments, page-33278

From the LTR site but may have implications for CXO as they note we are likely to see a squeeze. Bring it on. IMHO.

The global firm FINTEL explains it on its web site.

"A Short Squeeze is when a company with a high degree of short interest increases in price, which forces short sellers to "cover" their short interest by purchasing actual shares, which in turn drives the price up even further".

Here is the ASX short squeeze list of Fintel;



It's a scientific method

Fintel's Most Shorted Stocks Australia (ASX) uses an advanced quantitative model to determine companies that have the highest likelihood of experiencing a short squeeze. This model is a proprietary, multi-factor model that uses a number of factors, including Short Interest % Float, Short Borrow Fee Rates, and others.

You can see on Fintel's page for LTR that the interest rates for shorters are also increasing for the shorters. It's now 2.62% pa. That is not a big deal in comparison to what they will lose on their short covering though.